May 2024 - cypherpunks - lists.cpunks.org

Del. Justices Reverse BitGo-Galaxy Merger Suit Dismissal
by Gunnar Larson 24 May '24

24 May '24

Del. Justices Reverse BitGo-Galaxy Merger Suit Dismissal <https://www.law360.com/capitalmarkets/articles/1840183?nl_pk=abe82add-2a33-…> By Leslie A. Pappas Delaware's Supreme Court on Wednesday reversed the dismissal of a lawsuit that cryptocurrency wallet provider BitGo Holding Inc. filed against digital assets firm Galaxy Digital Holdings Inc., remanding the dispute over their broken $1.2 billion merger back to Chancery Court to resolve multiple "ambiguities." Decision attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1840183?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1840183?nl_pk=abe82add-2a33-…>

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1st Circ. Affirms UBS Win In Puerto Rico Pension Fight
by Gunnar Larson 24 May '24

24 May '24

1st Circ. Affirms UBS Win In Puerto Rico Pension Fight <https://www.law360.com/banking/articles/1840032?nl_pk=feb6bbba-7878-4d39-be…> By Brian Dowling The First Circuit said public pensioners in Puerto Rico can't advance their claims that UBS Financial Services illegally underwrote $3 million in bonds, ruling that the island's financial restructuring plan transferred the right to those claims to a special committee. Opinion attached | Read full article » <https://www.law360.com/banking/articles/1840032?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1840032?nl_pk=feb6bbba-7878-4d39-be…>

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Crypto Mixer Laundering Case Provides Evidentiary Road Map
by Gunnar Larson 24 May '24

24 May '24

Crypto Mixer Laundering Case Provides Evidentiary Road Map <https://www.law360.com/cybersecurity-privacy/articles/1839664?nl_pk=3dfd2fd…> A Washington, D.C., federal court’s recent decision to allow expert testimony on blockchain analysis software in a bitcoin mixer money laundering case — which ultimately ended in conviction — establishes a precedent for the admissibility of similar software-derived evidence, say Peter Hardy and Kelly Lenahan-Pfahlert at Ballard Spahr. Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1839664?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1839664?nl_pk=3dfd2fd…>

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EasyPay Agrees To Exit Mass. In 'Rent-A-Bank' Settlement
by Gunnar Larson 24 May '24

24 May '24

EasyPay Agrees To Exit Mass. In 'Rent-A-Bank' Settlement <https://www.law360.com/fintech/articles/1840099?nl_pk=d2b3e7ef-ab62-4a62-80…> By Jon Hill EasyPay, an alternative finance company, has settled with Massachusetts officials over claims that it gouged Bay State borrowers with predatory loans issued through an out-of-state bank, agreeing to pay $625,000 to consumers and stop doing business in the state as part of a deal unveiled Wednesday. 1 document attached | Read full article » <https://www.law360.com/fintech/articles/1840099?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1840099?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Pryor Cashman Atty Accused Of 'Brazen' Hose Patent Fraud
by Gunnar Larson 24 May '24

24 May '24

Pryor Cashman Atty Accused Of 'Brazen' Hose Patent Fraud <https://www.law360.com/competition/articles/1840258?nl_pk=6416fd97-1dc4-4e0…> By Craig Clough An attorney for Pryor Cashman LLP and his client were accused Wednesday in Florida federal court of engaging in a "brazen" scheme to usurp a hose company's rights to a patent portfolio while also defrauding the U.S. Patent and Trademark Office. Complaint attached | Read full article » <https://www.law360.com/competition/articles/1840258?nl_pk=6416fd97-1dc4-4e0…> | Save to favorites » <https://www.law360.com/competition/articles/1840258?nl_pk=6416fd97-1dc4-4e0…>

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WeChat Users Must Arbitrate Privacy Row, Calif. Panel Says
by Gunnar Larson 24 May '24

24 May '24

WeChat Users Must Arbitrate Privacy Row, Calif. Panel Says <https://www.law360.com/technology/articles/1840145?nl_pk=2bd720dd-746c-4744…> By Gina Kim California appellate justices said Monday that WeChat users must arbitrate their proposed class action accusing Tencent of using politically motivated practices to censor their communications, saying plaintiffs can't argue they never agreed to terms of service with the arbitration provision while also basing their complaint on those same terms of service. Opinion attached | Read full article » <https://www.law360.com/technology/articles/1840145?nl_pk=2bd720dd-746c-4744…> | Save to favorites » <https://www.law360.com/technology/articles/1840145?nl_pk=2bd720dd-746c-4744…>

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Ex-Citi Exec Says She Was Asked To Lie To OCC
by Gunnar Larson 24 May '24

24 May '24

Ex-Citi Exec Says She Was Asked To Lie To OCC <https://www.law360.com/cybersecurity-privacy/articles/1840131?nl_pk=3dfd2fd…> By Sydney Price A former Citibank NA managing director hired to bring the bank into compliance with regulatory obligations has accused the bank and its chief operating officer of wrongful termination and retaliation in a suit Wednesday, alleging she was fired for not reporting false information to authorities. Complaint attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1840131?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1840131?nl_pk=3dfd2fd…>

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LA Investor Sues Greenberg Glusker Over 'Appalling' Filings
by Gunnar Larson 24 May '24

24 May '24

LA Investor Sues Greenberg Glusker Over 'Appalling' Filings <https://www.law360.com/legalethics/articles/1839754?nl_pk=153d4a8a-6fb9-4a5…> By Emily Sawicki A Los Angeles investor has filed a suit against Greenberg Glusker and two of its partners for allegedly bungling his defense in an underlying suit brought by his stepson, accusing the firm of sharing a draft complaint prior to filing and including inaccuracies and unnecessary personal attacks in another filing, while also pressuring him to accept a bad settlement. Complaint attached | Read full article » <https://www.law360.com/legalethics/articles/1839754?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1839754?nl_pk=153d4a8a-6fb9-4a5…>

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Michael Best Accused Of Malpractice In Startup's Restructure
by Gunnar Larson 24 May '24

24 May '24

Michael Best Accused Of Malpractice In Startup's Restructure <https://www.law360.com/legalethics/articles/1840147?nl_pk=153d4a8a-6fb9-4a5…> By Lauren Berg Michael Best & Friedrich LLP, one of its partners and one of its former attorneys are accused of mishandling a technology startup's reorganization, jeopardizing tax benefits for its founders, according to a legal malpractice lawsuit filed in Illinois state court. Complaint attached | Read full article » <https://www.law360.com/legalethics/articles/1840147?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1840147?nl_pk=153d4a8a-6fb9-4a5…>

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Pension Plans Must Get Handle On Data Quality, TPR Says
by Gunnar Larson 24 May '24

24 May '24

Pension Plans Must Get Handle On Data Quality, TPR Says <https://www.law360.co.uk/financial-services-uk/articles/1839847?nl_pk=a94fc…> By Tom Fish Retirement savings plans in the U.K. face increased regulatory scrutiny to ensure that Britain has the best possible standards on safeguarding the personal data of clients, the pensions watchdog has said. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1839847?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1839847?nl_pk=a94fc…>

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